4870 SW 6th St

Miami, FL 33134 · single_family · For Sale · 114 days on market
Asking price$700,000
4 beds 3 baths 1,682 sqft
View on Realtor.com →
Listed by Tammy Garcia - Realtor On The Road · Anchor Group Properties, LLC.
Typesingle_family
Built1958
Price / sqft$416
Est. value (own analysis)$1,484,118
Rent estimate (own analysis)$4,973/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-05-11
Removed date
MLSMiamiMLS #A12016638
Coordinates25.76532, -80.27486
Address4870 SW 6th St
CityMiami
StateFL
Zip33134
Listing ID6933209782
Sourceus-real-estate-listings, cached 2026-08-30

ZIP market snapshot (33134)

Typical home value (ZHVI)$887,965
Typical rent (ZORI)$3,095/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.

Underwriting (buy-and-hold, default assumptions)

Purchase price$700,000
Down payment (20.0%)$140,000
Loan amount$560,000
Closing costs (5.0%)$35,000
Total cash to close$175,000
Rent (comp-derived)$4,973$59,670
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$59,670
Vacancy rate (assumption) assumption8.0%

$59,670 × 8.0% = $4,774

Effective gross income$4,575$54,896
Property tax (placeholder 1.9% of price)$1,108$13,300
Insurance (placeholder 0.8% of price)$467$5,600
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$249$2,984
Total operating expenses$1,824$21,884
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$54,896
Total operating expenses derived$21,884

$54,896 − $21,884 = $33,013

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$560,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$560,000 amortized at 6.7% over 30 years = $3,599/mo

CapEx reserve (5.0% of GSR)$249$2,984
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$33,013
Annual debt service derived$43,185
Annual CapEx reserve assumption$2,984
Annual PMI assumption$0

($33,013 − $43,185 − $2,984 − $0) ÷ 12 = -$1,096

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$33,013
Purchase price data$700,000

$33,013 ÷ $700,000 = 4.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$13,155
Total cash to close derived$175,000

-$13,155 ÷ $175,000 = -7.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$33,013
Annual debt service derived$43,185

$33,013 ÷ $43,185 = 0.76

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$59,670
Purchase price data$700,000

($59,670 ÷ 12) ÷ $700,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$700,000
Gross scheduled rent (annual) comp$59,670

$700,000 ÷ $59,670 = 11.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$21,884
Effective gross income derived$54,896

$21,884 ÷ $54,896 = 39.9%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$21,884
Annual debt service derived$43,185
Annual PMI assumption$0
Gross scheduled rent (annual) comp$59,670

($21,884 + $43,185 + $0) ÷ $59,670 = 109.0%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family421,634$4,9502026-08-07
single_family431,655$5,3002026-07-22
single_family431,192$4,7502026-07-28
single_family421,729$4,8002026-03-11
single_family431,900$4,9952026-08-11
single_family442,238$8,5002026-06-03

5000 SW 5th Ter

Miami, 33134 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,634
Listed2026-08-07
Days on market

Asking rent: $4,950

View on Zillow →

4328 SW 9th Ter

Miami, 33134 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,655
Listed2026-07-22
Days on market

Asking rent: $5,300

View on Zillow →

5171 SW 6th St

Miami, 33134 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,192
Listed2026-07-28
Days on market

Asking rent: $4,750

View on Zillow →

5410 SW 2nd St

Miami, 33134 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,729
Listed2026-03-11
Days on market

Asking rent: $4,800

View on Zillow →

828 Lorca St

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,900
Listed2026-08-11
Days on market

Asking rent: $4,995

View on Zillow →

423 Alhambra Cir

Coral Gables, 33134 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,238
Listed2026-06-03
Days on market

Asking rent: $8,500

View on Zillow →

Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.

AddressTypeBedsBathsLiving sqftSale priceSale date
555 Catalonia Avesingle_family43$2,800,0002026-08-21
4361 SW 3rd Stsingle_family422,052$699,0002026-08-11
3920 Durango Stsingle_family421,794$1,300,0002026-08-10
61 SW 55th Avesingle_family411,729$530,0002026-08-06
2508 Anderson Rdsingle_family422,316$2,500,0002026-07-30
611 N Greenway Drsingle_family443,839$5,000,0002026-07-27
5175 SW 5th Tersingle_family411,562$740,0002026-07-24
14 San Sebastian Avesingle_family432,411$2,150,0002026-07-23
4027 SW 11th Stsingle_family431,748$700,0002026-07-13
722 Navarre Avesingle_family432,944$3,600,0002026-07-13
748 Palermo Avesingle_family442,782$2,876,0002026-07-08
311 Navarre Avesingle_family432,172$1,050,0002026-06-26
918 Santiago Stsingle_family442,801$2,980,0002026-06-25
1900 Pizarro Stsingle_family432,787$2,395,0002026-06-23
1450 Ortega Avesingle_family442,829$1,850,0002026-06-18
2010 N Greenway Drsingle_family443,108$3,550,0002026-06-11
737 Majorca Avesingle_family442,209$1,930,0002026-06-11
927 Catalonia Avesingle_family431,737$1,350,0002026-06-10
2415 Indian Mound Trlsingle_family432,363$1,715,0002026-06-04
528 Alcazar Avesingle_family421,700$1,500,0002026-06-03
1415 Sorolla Avesingle_family432,346$3,025,0002026-06-02
1411 Columbus Blvdsingle_family411,700$1,400,0002026-05-29
1415 Madrid Stsingle_family443,491$3,200,0002026-05-27
1429 Sorolla Avesingle_family432,823$1,580,0002026-05-26
1207 Columbus Blvdsingle_family442,114$2,450,0002026-05-22
1901 Country Club Pradosingle_family443,076$3,300,0002026-05-21
2115 Country Club Pradosingle_family453,709$3,510,0002026-05-18
911 Mariana Avesingle_family432,273$1,875,0002026-05-06
1240 Ferdinand Stsingle_family442,907$2,000,0002026-04-30
3905 SW 5th Stsingle_family45$1,800,0002026-04-29
1211 Castile Avesingle_family422,162$2,400,0002026-04-28
1226 Palermo Avesingle_family422,674$2,750,0002026-04-23
1117 Alberca Stsingle_family432,796$1,950,0002026-04-01
4739 SW 5th Stsingle_family422,084$767,0002026-03-13
749 Anastasia Avesingle_family432,429$2,900,0002026-03-10
322 Sarto Avesingle_family443,294$3,874,0002026-03-10
2607 N Greenway Drsingle_family443,105$2,700,0002026-02-27
1302 Alhambra Cirsingle_family442,438$2,550,0002026-02-26
832 Wallace Stsingle_family442,457$1,305,0002026-02-19
3903 Granada Blvdsingle_family432,336$3,175,0002026-02-18
330 SW 52nd Avesingle_family431,722$625,0002026-02-12
1341 Sorolla Avesingle_family422,388$2,650,0002026-02-03
4685 SW 13th Tersingle_family421,914$1,500,0002026-01-27
447 Giralda Avesingle_family431,869$2,000,0002026-01-22
1019 Venetia Avesingle_family432,465$2,295,0002026-01-21

Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.

AddressTypeBedsBathsSqftAsking priceDays on market
4701 SW 7th Stsingle_family431,830$750,000
3788 SW 27th Lnmulti_family421,980$1,250,000
5330 SW 7th Stsingle_family432,424$2,500,000
2893-2895 SW 37th Ctmulti_family431,935$915,000
4450 W Flagler Stmulti_family442,103$1,000,000
4251 SW 11th Stsingle_family443,736$2,990,000
2841 SW 38th Ct Unit Btownhomes442,671$1,950,000
3750 SW 27th Stmulti_family421,690$1,174,999

10-year hold projection

IRR5.4%
Equity multiple1.87x
Total return (10yr)$242,991
YearProperty valueNOICash flowLoan balanceEquity
1$721,000$33,013-$13,155$553,928$167,072
2$742,630$34,113-$12,130$547,440$195,190
3$764,909$35,248-$11,071$540,506$224,403
4$787,856$36,421-$9,977$533,095$254,761
5$811,492$37,631-$8,847$525,176$286,316
6$835,837$38,881-$7,679$516,713$319,124
7$860,912$40,171-$6,473$507,669$353,243
8$886,739$41,503-$5,228$498,004$388,735
9$913,341$42,878-$3,941$487,675$425,667
10$940,741$44,298-$2,613$476,636$464,105
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.